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650 000 €
650 000 €
| Business expenses | |
|---|---|
| Not included in the price | |
| Commission fee | 3.57 % |
Apartment building for sale in Essen
A well-maintained and profitable apartment building in a good area of Essen is offered for sale.
Main characteristics of the object:
Residential part:
3 floors
4 apartments:
2 spacious four-room apartments of 110 m² each
1 apartment – 50 m²
1 apartment – 40 m²
Total living area: 310 m²
Commercial premises:
40 m²
60 m²
40 m²
Total commercial area: 140 m²
Additional benefits:
Basements
Small, well-kept and very beautiful garden belonging to the house
Recently completely renovated entrance (walls updated, cosmetic repairs done)
All apartments are consistently rented
The property generates regular and reliable income
Financial indicators:
Annual net income: €47,000
Purchase price: €650,000 + 3.57%
Annual return: about 7.23%
This property is ideal for both a private investor and a long-term investment portfolio. Stable rent, good condition of the building and attractive profitability make it a profitable investment.
If interested, we are ready to provide additional information and arrange a viewing after the conclusion of the contract.
